18 Nov 2010 09:24
18 November 2010
ITM Power plc
("ITM Power" or "the Company")
Director/PDMR Shareholding
ITM Power the energy storage and clean fuel company announces that on 18 November 2010, Dr. Simon Bourne, Chief Technology Officer of ITM Power exercised options to purchase 334,250 Ordinary Shares in ITM Power at a price of 5.71p per share. The options were granted on 1 December 2003 and were due to expire on 3 December 2010. Immediately following the exercise of the options, Dr. Bourne sold 47,000 shares at a price of 54p.
Following this purchase and sale, Dr. Bourne has an interest in 326,830 Ordinary Shares representing 0.03% of the Company's issued share capital.
For further information please visit itm-power.com or contact:
ITM Power plc Graham Cooley, CEO
| 0114 244 5111 |
Panmure Gordon Katherine Roe
| 020 7459 3600 |
Tavistock Communications Simon Hudson / James Midmer
| 020 7920 3150 |
Itm Power (ITM)